Story ID: 307
IADA Aircraft Dealers Flocking to NBAA-BACE Show
By: Gregory Polek
Caption: Aircraft dealers trade group is releasing Third-quarter Market Report 
Word Count: 222
Hundreds of representatives from member companies of the International Aircraft Dealers Association (IADA) have descended on the NBAA-BACE show, a day after they attended the group’s annual fall meeting in Las Vegas.IADA shares Booth N5217 with 28 IADA-accredited dealers and 22 IADA-verified products and services members. Meanwhile, seven IADA manufacturer members and two dealers are showcasing their own pre-owned aircraft displays. Six dealers occupy their own indoor exhibits, along with 26 IADA-verified products and services members."Our aircraft dealers, who currently dominate the resale industry with an impressive 50 percent market share and annual sales amounting to over $11 billion, are eagerly looking forward to another vibrant NBAA-BACE experience in Las Vegas," said IADA executive director Wayne Starling. “Additionally, we will issue our association's insightful Third Quarter Market Report during the convention,” he added.The quarterly IADA Market Report covers IADA-accredited dealers’ perceptions about the marketplace taken from its survey of IADA members and sales data reported monthly by IADA dealers. IATA says its “commanding market presence” makes the report a “prescient” gauge of market trends.IADA's dealers consist of the top 17 percent of the world's experts who handle 50 percent of used business aircraft sales. IADA-accredited dealers buy and sell more aircraft by dollar volume than the rest of the world’s dealers combined, averaging over 1,300 transactions and $11.8 billion in volume per year., plain_text